On ET Now we have Peter Cardillo, Chief Market Economist, Spartans Capital to discuss the markets, the global markets, and Us inflation. The US inflation number is coming at a 39 year high at 6.8% year on year and 0.8% month on month. The Wall Streets opened in green when experts expected the worst. These numbers are in-line with the expectation. On the other hand, Dalal Street had a very tricky week. The Nifty, however, managed to the clock-in game for a second week. The bank Nifty also recovered this after underperforming for almost after 6 weeks. Watch the entire video to know more.